Presbyter an CHURCH IN IRELAND RYANS CONGREGATION OF THE PRESBYTEIUAN CHURCH IN IRELAND FINANCIAL STATEMENTS for the year ended 31 December 2023 Registcred Charity in Northern Ireland (105053)
RYANS cof4GREGATION OF THE PRESBYTEIUAN CHURCH IN IRELAND STATEMENT OF FINANCIAL AcrtvtTY (Receipts and Payments Account) for the year ended 31 Deeember 2023 Note Unrestricted Funds Restricted Endo)vment Funds Funds Totsl 2023 Total 2022 Receipts Donations and legacies Charitable activities Otlier trading activities Investment Income 26,751.l8 535.00 7,886.25 788.00 12.139.05 207.08 34,637.43 ,323.00 12.139.05 213.75 1.200.00 34.308.27 5.146.19 16257.28 138.27 304.80 6.67 1200.00 28,492.85 21,020.38 49,513.23 56.154.81 Total Receipts PAyments Raising funds Charitable activities Olhcr 32,995.71 17.139.10 11,632.70 50.134.81 11.632.70 56,823.53 5.181.97 28.771.80 61.767.51 62,005.50 Total Payments 32,995.71 Net receipts / (payments) Transfers between funds Net movcmcnt in funds (4502.86) (7,751.42) (12,25428) (5,850.69) (4,502.86) (7,751.42) (1?,254.28) (5,850.69) Funds broughi forward 11.452.20 53.994.50 65,446.70 71297.39 Funds carried forward 10 6.949.34 46,243.08 53,192.42 65,446.70 STATEMENT OF ASSETS AND LIABILITIES for the )ear ended 31 December 2023 Unrestricted Funds Restricted EDdowment Funds Funds Tot21 2023 Total 2022 Fund5 Reconciliation Bank and Cash at start of y(•ar Net movement in funds 11,452.20 (4,502.86) 53,994.50 (7,751.42) 65.446.70 (12,254.28) 71297.39 (5,850.69) 65,446.70 Bank and Cash at cnd of year 6,949.34 46,243.08 53,192.42 Bank & Cash Balances Bank Current Accounts Cash in Hand 53,192.42 65,446.70 53,192.42 65,446.70 Other Assets Church propernes and contents 84 acres of a.(7riculturdl Idnd Not valued Not valued Approved by the Kirk Session on 19 Fcbruary 2024 and signed on their behalf by: Rev B Colvin D Wright
RYANS CONGREGATION OF THE PRESBYTERIAN CIWRCH IN IRELAIYD NOTES TO THE ACCOUNTS for the yesr ended 31 December 2023 l. AccouNfING POLICIES BASI&) OF FINANCIAL STATEMETr4TS As the tal income of the congregation is less than £250,000 the congregation hav¢ elected in accordance with the provisions in the CharitiLs Accounts and Reports Regulations (Northern Ireland) 201 S to prepare its accounts on a receipts and payments basis. Endowment funds are funds, the capital of which must be retained either permanently or at the congregation's discretion; the income derived from the endowment is to be used either as restricted or unrestricted income funds depcnding upon the purpose for which the endowment was established in the first place. Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grants for a specific congregational activity intended by the doDor. Where these funds have unspent balances. intcrest on their p(x)Icd invcstmcnt is apportioned to the individual funds on an avctabjc balance basis. 11 Unr&stricted funds are income funds which are to be spent on the congregation's general purposes. Designated funds are general funds set aside by the congregation for usc in the future. 2. DONATIONS AND LEGACIES Unrestricted Funds Restrlcted Endowment Fund5 Funds Total 2023 Total 2022 Freewill and loose offerings Donations and gifts Gift Aid 22.824.00 186.00 3,741.18 26751.18 3,025.00 4.86 1.25 25,849.00 5,047.25 3,741.18 34 637.43 23,387.12 7,258.54 3,662.61 34 308.27 7 886.25 3. CHAR]TABLE ACTIVITIES Unrestricted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 Income from charitable activitics Fees from weddings and fimerals 788.00 788.00 535.00 1,323.00 4,068.19 1,078.00 5,146.19 535.00 535.00 788.00 4. OTHER TRADING ACTtVITIES Unrestricted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 Farni income 12,139.05 12,139.05 16,257.28 S. INVESTMENT IfNcoME Unrestricted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 Deposit Inte$t 6.67 207.08 213.75 138.27 6. OTHER INCOME Unrestricted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 Other income 1,200.00 1200.00 304.80
RYANS CONCRECATION OF THE PRESBYfERIAN CHURCH IN IRELAND NOTFS TO THE ACCOUNTS (cont'd) for the year ended 31 December 2023 7. RAISING FUNDS UDrestrictsd Fund5 Restricted Endowment Funds Funds Total 2023 Total 2022 FWO envelopes 8. CHARABLE AcrtVlTIES Unrestricted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 Gen] Asscmbly Assessments Presbytery fees Ministry and support staff costs Premises costs Congregational running expenses Donations to Missions and Charilies 15,802.55 15.802.55 14.546.99 517_80 517.80 2,997.66 27,374.80 3.442.00 926.24 21,526.93 15,105.18 4,718.19 2,997.66 10.849.44 3,292.00 16.525.36 150.00 32.995.71 l7,139.10 50.134.81 56,8?3.53 9. OTHER EXPENSES Unrestricted Funds Restricted Endowment Funds Funds Total 2023 Total 2022 Farn] expenses 11,632.70 J 1,632.70 5,181.97 10. FUND BALANCES Balance at Start Surylus (Deficit) Balance at end Rcceipts Payment Transfer Unrestricted Funds Gen¢rdl 11,452.20 28,492.85 32,995.71 (4,502.86) 6.949.34 11.452.20 28,492.85 32,995.71 (4.502.86) 6,949.34 Restricted b unds General Trusteo (117.50) 12,465.98 37,934.87 589.70 844.89 2276.56 3.271.25 3,484.38 11,5iO.28 600.47 99.04 2,034.96 2.644.00 7,567.74 11.704.13 4,718.25 404.10 1,733.58 627.25 (4,083.36) (173.85) (4,117.78) (305.06) 301.38 509.75 8.382.62 33,761.02 471.92 539.83 2,577.94 (4,000.00) 4.000.00 Manse Sunday School P.W Account 53.994.50 21.0?O.J8 28,771.80 (7,751.4?) 46,243.08 Total 6S.446.70 49.513.23 61.767.51 12 54.28 53.192.42